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Re: None

Monday, 06/08/2015 10:02:41 AM

Monday, June 08, 2015 10:02:41 AM

Post# of 123645
What is it that MRIB can or will do, if anything, in the Southeast differently than they did in CA that would result in anything other than the abysmal sales and catastrophic losses they experienced in California? Obviously MRIB had very little in terms of brand management, sales management, marketing and advertising talent and account management while Dan Senters was there. With even less resources and talent now exactly how is MRIB going to muster new sales in a new region let alone even maintain what little is left of what was established in California which is losing 40% of their sales per quarter?

At the rate of decline in their market and retail presence I'd say that if MRIB ever reports any financials which is starting to look doubtful, gross sales should be down to around $9000 for Q1 and we should be looking at around $6000 for Q2. And although it appears MRIB should have little to no expenses for either quarter I doubt that will be reflected in any financials.